2024 BDT to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BDT to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BDT to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 818.2001. Conversely, the yearly low was recorded on February 14, dropping to 136.5135.
This high-to-low spread represents a total annual volatility of 681.6866 LBP. From a start-to-finish perspective, comparing the January average rate of 136.9739 to the December average rate of 749.3525, the exchange rate registered a net change of 447.08% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 818.2001 was up 461.11% compared to the 2023 peak of 145.8173, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BDT based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BDT to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 605.8632, compared to 752.8690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 147.0058 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 680.1441 LBP (High: 816.6577 / Low: 136.5135). On the other end, January was the most stable month, with a tight range of 0.5207 LBP (High: 137.1969 / Low: 136.6762).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 36.7244 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 816.3562) against the same month in 2023 (average: 142.3946), the exchange rate shifted by +673.9616 (+473.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 137.1969 | 136.6762 | 136.9739 |
| February | 816.6577 | 136.5135 | 324.2880 |
| March | 818.2001 | 813.5747 | 816.3562 |
| April | 817.1782 | 813.4124 | 815.9634 |
| May | 816.8487 | 760.8046 | 779.2390 |
| June | 764.4066 | 761.4520 | 762.3588 |
| July | 763.8544 | 760.0532 | 762.1160 |
| August | 763.6167 | 748.7402 | 757.1641 |
| September | 751.6855 | 747.9497 | 749.4314 |
| October | 750.7680 | 748.6588 | 749.4789 |
| November | 753.2218 | 748.6345 | 749.6713 |
| December | 749.8377 | 749.1800 | 749.3525 |